In an interesting development of how even tech savvy CEOs often become victims of Cyber Crimes, it is reported (See the Report here) that Flipkart CEO’s E mail was hacked and two mails were sent from it to the company’s CFO asking for transfer of $80000/-.
Fortunately, the CFO decided to personally check with the CEO Mr Binny Bansal who immediately confirmed the fraud so that further damage could be prevented.
The incident highlights that Cyber Criminals use well directed targeted attacks. Some times they may use sophisticated methods but many times, simple methods also work.
Preventing such frauds require building up of an enterprise level culture of Information Security which does not stop at technological approach to information security but extends to legal and behavioural aspects.